South Africa’s Telkom completes first phase of retrenchment process

South Africa’s Telkom completes first phase of retrenchment process

South Africa's Telkom has completed the first phase of its retrenchment process, affecting one-thousand-800 jobs. The telecoms giant reported a 1.9-percent revenue growth to 21-billion-rand, driven by strong revenue performance. CEO Serame Taukobong says the focus is on cutting operational costs and improving revenue mix to build a resilient company:

November 19, 2024 9

Africa

Kenya Airways’ operating profit skyrockets

One of Africa’s largest airlines, Kenya Airways, made an operating profit in 2023 – the first time since 2017. The AFP news agency quotes CEO Michael Joseph as saying, the $80mexcess is a "significant milestone". Part of the reason for the success was a more than 50% jump in revenue thanks to an increase in passenger numbers. The BBC further reports that Kenya Airways, which is partly owned by the […]

March 27, 2024 7

Africa

Effective rollout of eSIMs requires diverse and optimized systems

Telco operators in Africa have a real opportunity to boost revenue and customer growth by expediting the deployment of eSims. But first they’ll need to navigate the nuances of local markets respectively, and optimise their processes. According to Louis Avenant, Senior Project Manager at Itemate Solutions, the exponential growth in smart and connected devices make a strong case for greater investment in the nascent technology. “eSIMs eliminate the need for […]

November 16, 2023 50